ImmutableX (IMX) has emerged as a prominent solution in the world of NFTs, offering a layer-2 scalability protocol built on Ethereum to improve transaction efficiency and reduce costs. By addressing key limitations such as high gas fees and slow transaction speeds, ImmutableX provides a platform for NFT creators, developers, and marketplaces to thrive.

Horizen has made a strong comeback over the past week, hiking by 190.97% and hitting a 32-month high.

Story Highlights The live price of the IMX token is The ImmutableX price could hit $3.27 in 2025. With a potential surge, the IMX price could reach $9.77 by 2030. A plethora of virtual currencies and protocols can be found in the ever-changing crypto space.

As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors.

TL;DR Grayscale Investments filed Form 8-K for Horizen Trust, revealing the issuance of 3,565,200 shares backed by 304,034 ZEN tokens. Horizen Trust offers accredited investors secure and regulated access to the Horizen blockchain platform, featuring a mechanism to protect against market volatility. In 2024, Grayscale expanded its portfolio with new trusts, including Sky and Bittensor.

Grayscale has filed its 8-K form for a Horizen Trust with the SEC, creating significant buzz around Horizen (HEZ). Notably, Grayscale's move, coupled with the release of over 3.5 million shares and a steady accumulation of ZEN tokens, has sparked a rally in the price of Horizen (ZEN).

Grayscale Investment has made a compliance move in its crypto investment by filing an 8-K form for the Grayscale Horizen Trust (HZEN) with the SEC.

U.S. Digital Asset Investment Manager Grayscale has submitted a Form 8-K filing with the U.S. Securities and Exchange Commission regarding Horizen Trust.

Grayscale issued 3,565,200 shares tied to 304,034 ZEN tokens, valued at $4.7 million, through its regulated Horizen Trust.

The cryptocurrency market faces another week of token unlocks, with releases valued at more than $513 million scheduled between December 23 and December 30. Immutable (IMX) leads the cliff unlocks with a release worth $32.36 million, while Worldcoin (WLD) continues to dominate the linear unlocks at $81.53 million.

The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.

Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec.

King Arthur: Legends Rise arrives on Immutable (IMX), offering players the chance to earn instant Gems. Explore the epic RPG adventure and engage with legendary heroes in this captivating Web3 gaming experience.

TL;DR Grayscale has launched the Horizen Trust (HZEN) to provide accredited investors with simplified exposure to Horizen (ZEN), bridging the gap between TradFi and the crypto market. The trust allows investors to gain exposure to ZEN without the complexities of direct ownership, making it appealing to those using traditional brokerage accounts.

Qualified investors can access the stock and derive value without purchasing the cryptocurrency.

Arena of Faith, a web3 MOBA game, launches its Arena of Faith Quest on Immutable (IMX), offering players the chance to earn Gems and other rewards through engaging gameplay.

Grayscale, a prominent digital asset manager, has introduced the Grayscale Horizen Trust (HZEN), providing eligible investors a chance to access ZEN tokens via a regulated investment product.

Grayscale announced that HZEN, its Horizen Trust, is now open to accredited investors. The firm has maintained this Trust for several years, but it has not been available OTC before now.

Grayscale has opened its Horizen Trust (HZEN) to qualified investors, providing exposure to ZEN tokens through a regulated investment channel.

Immutable (IMX) has signed more games in 2024 than all previous years combined, solidifying its leadership in web3 gaming with over 250 new titles onboarded.

Chess Universe introduces Play-to-Earn mechanics on Immutable (IMX), offering players exclusive rewards and web3 ownership. Discover interactive lessons, NFTs, and more in this innovative chess platform.

Gaming protocol Immutable has advanced its lead in the market with a record game app onboarding.

Immutable (IMX) introduces 'Perpetual Rewards' with RavenQuest, enhancing the utility of gems and rewarding consistent player engagement starting January 2025.

Immutable (IMX) introduces a continuous reward system called Gems, aiming to enhance player engagement in Web3 gaming with perpetual rewards and evolving quests.

Immutable (IMX) and Yield Guild Games (YGG) unite to enhance Web3 gaming, committing $1 million to player rewards. This collaboration aims to foster community-driven engagement and expand gaming opportunities.

Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.

Tornado Cash's native token, TORN, skyrocketed by over 380% following a landmark ruling by the U.S. Fifth Circuit Court of Appeals on Nov. 26, 2024.

Immutable AI Labs, a project tracking AI models on the blockchain, is sending out malicious links to a fully spoofed site. Users must avoid connecting their wallet to the fake link, which promises an eligibility check for IMMU tokens.

TL;DR The U.S. Court of Appeals ruled that Tornado Cash's immutable smart contracts are not “property” and cannot be sanctioned by OFAC. The decision is a significant win for privacy-focused technologies, highlighting the limitations of governmental authority over decentralized systems.

Discover the GG: Survivor Quest on Immutable (IMX), offering new rewards and gameplay experiences in Web3 gaming. Launched on Telegram, it introduces unique incentives through OVERTAKE's GameFest.

The decision reverses a lower court ruling and marks a significant win for privacy advocates and blockchain developers seeking legal clarity.

Immutable has announced a strategic partnership with Altura, a web3 infrastructure platform focused on the gaming industry.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

Immutable (IMX) showcases its impact in Web3 gaming as a Gold Sponsor at the GAM3 Awards 2024, with multiple nominations highlighting its technological advancements.

Immutable has launched Pre-Approved Transactions, enabling seamless in-game blockchain interactions for over 400 games, eliminating the need for external wallet approvals and enhancing the immersive experience of Web3 gaming. The post Immutable Introduces In-Game Signing for Web3 Games appeared first on Cryptonews.

The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.

Immutable (IMX) introduces Pre-Approved Transactions to enhance Web3 gaming by integrating blockchain approvals directly within games, eliminating disruptions and creating seamless experiences for players and developers.

Here is how some of your favorite assets concluded the week.

Former SEC official Marc Fagel has voiced concerns over the Securities and Exchange Commission's recent issuance of a Wells Notice to Immutable, an Ethereum-based Web3 gaming company. Immutable claims that the Wells Notice arrived with limited prior communication or explanation, marking a sharp departure from what is typically a more extensive investigative process.

Immutable, an Ethereum Web3 gaming firm, has received a Wells Notice from the United States Securities and Exchange Commission (SEC), according to a statement released on Friday. A Wells Notice is an indication that the SEC is considering filing a lawsuit against a company.

Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC).

The US Securities and Exchange Commission (SEC) has filed a Wells Notice to Immutable over its sales of IMX tokens. The SEC's contention is related to a 2021 blog post on the pre-launch investment made in the IMX tokens priced at $0.10 or a $10 pre-100:1 split.

After centralized exchanges, DeFi projects, and NFT projects, the agency is now looking to expand its net to crypto gaming.

TL;DR The IMX token from Immutable drops 12.88% following a possible SEC enforcement action over alleged unregistered securities sales. The firm received a Wells Notice warning of a potential lawsuit related to an IMX token sale in 2021.

Immutable's IMX token is down by 14% on the day, and has cooled by 68% since hitting its 2024 peak in March.

Blockchain gaming platform Immutable has received a Wells Notice from the United States Securities and Exchange Commission (SEC) shortly after the company's first meeting with the regulator.

Immutable (IMX) has seen a sharp 14% price decline over the past 24 hours following a Wells Notice issued by the SEC.